The Chancellor of the Exchequer, John Healey, has announced that Budget 2026 will be presented on 28 October 2026.

Announcing the date, the Chancellor said that the Budget will ‘move money and power out of Westminster, and into every postcode around Britain’.

He also stressed that the government would continue to meet its fiscal rules, adding that the Budget would provide businesses and families with the stability they need to plan for the future.

Alongside the Budget, the Office for Budget Responsibility (OBR) will publish its latest economic and fiscal forecast, reflecting its assessment of the government’s plans.

We will provide coverage of the Budget announcements as details emerge.

In the meantime, if you have any concerns about how you may be affected by existing or proposed tax measures, please get in touch. We will be happy to discuss your circumstances and help you understand the implications.

HMRC’s ‘Don’t get caught out‘ campaign encourages contractors working through umbrella companies to take a closer look at their circumstances and watch out for tax avoidance.

Contractors can use HMRC’s online guidance and tools to learn about tax avoidance, to understand how they are paid and how to check if the right amount of tax is being paid to avoid an unexpected tax bill later.

There are real-life stories of people caught out by tax avoidance in a short explainer YouTube video on how umbrella companies work.

Contractors can also review HMRC’s list of published named tax avoidance schemes and their promoters here at the Rossmartin tax site. This is not an exhaustive list, as some operators are yet to be identified by HMRC.

HMRC never approve such schemes, even if promoters say otherwise or promote them by saying they have been found compliant by barristers.

If you have concerns that you may have been caught out, please give us a call. We would be happy to help you!